Youtube offer pay service

Youtube may offer the pay movies to the public in the near future. Currently youtube is still in the mid of negotiaions with the major Hollywood studios for the deal to offer pay per watch for the full-length movies.

If the agreement is reached, this will be the major revolution for YouTube which has built the huge audience by offering the free video clips and earn most of it revenus from online advertising. With the deal, this will put YouTube to directly compete with the services provider such as Netflix, Amazon and Apple, which currently allow their customer to buy or rent movie.